Stock Analysis on Net
Stock Analysis on Net

DuPont de Nemours Inc. (NYSE:DD)

This company has been moved to the archive! The financial data has not been updated since February 14, 2020.

Common-Size Balance Sheet: Assets

DuPont de Nemours Inc., common-size consolidated balance sheet: assets

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Cash and cash equivalents 2.22 7.17 6.99 8.31 12.61
Marketable securities 0.00 0.07 0.50 0.00 0.00
Accounts and notes receivable, trade 4.33 6.58 5.89 5.87 5.99
Accounts and notes receivable, other 1.15 2.64 2.90 5.48 5.54
Accounts and notes receivable 5.48% 9.22% 8.79% 11.35% 11.53%
Inventories 6.22 8.84 8.84 9.26 10.10
Deferred income tax assets, current 0.00 0.00 0.00 0.00 1.22
Other current assets 0.49 1.08 0.84 0.84 0.52
Current assets 14.41% 26.38% 25.96% 29.76% 35.98%
Investment in nonconsolidated affiliates 1.73 2.77 2.78 4.71 5.82
Other investments 0.03 1.44 1.33 3.73 4.30
Noncurrent receivables 0.05 0.25 0.35 0.89 1.20
Investments 1.82% 4.46% 4.46% 9.34% 11.31%
Property, plant and equipment, net 14.62 19.07 18.86 29.54 26.25
Goodwill 47.77 31.39 30.98 19.21 17.87
Other intangible assets 19.59 16.47 17.32 7.58 5.32
Deferred income tax assets 0.34 0.92 0.97 3.87 2.49
Deferred charges and other assets 1.46 1.32 1.44 0.71 0.79
Other assets 69.16% 50.10% 50.71% 31.37% 26.46%
Noncurrent assets 85.59% 73.62% 74.04% 70.24% 64.02%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

The asset structure of the organization underwent a significant transformation between 2015 and 2019, characterized by a substantial shift from liquid and tangible assets toward intangible assets. Current assets decreased from 35.98% of total assets in 2015 to 14.41% in 2019, while noncurrent assets grew from 64.02% to 85.59% over the same period.

Liquidity and Working Capital
A consistent downward trend in liquidity is observed. Cash and cash equivalents declined sharply from 12.61% in 2015 to 2.22% in 2019. Similarly, total accounts and notes receivable decreased from 11.53% to 5.48%, and inventories fell from 10.10% to 6.22%. This indicates a contraction in the proportion of liquid resources relative to the total asset base.
Tangible and Financial Investments
Property, plant and equipment (PP&E), net, peaked in 2016 at 29.54% before declining to 14.62% by 2019. Concurrently, investments—including nonconsolidated affiliates and other investments—saw a marked reduction, falling from a combined 11.31% in 2015 to just 1.82% in 2019. This suggests a divestment from physical infrastructure and financial holdings.
Intangible Assets and Goodwill
The most prominent increase is found in intangible assets. Goodwill rose dramatically from 17.87% in 2015 to 47.77% in 2019. Other intangible assets also experienced significant growth, moving from 5.32% to 19.59%. By 2019, these two components alone represented 67.36% of the total asset composition, suggesting a strategic shift toward an asset base driven by acquisitions or the revaluation of intellectual property.

In summary, the organization's financial profile transitioned from a diversified mix of cash, physical plants, and investments to one heavily dominated by goodwill and intangible assets. This evolution reflects a fundamental change in the nature of the company's balance sheet, moving away from operational liquidity and tangible capital toward intangible valuation.

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